The " Economy" Crisis

By now I'm sure everyone in America who has a TV or reads a newspaper or listens to the radio is fully aware that there is a huge gigantic unstoppable crisis about to ruin the personal financial security of every single individual in the entire Country and only the Federal Government can stop it. After all, the creators of the "crisis" should be the experts on how to fix it. They say that this is a credit problem. They say that without credit the Country will be unable to function and will slip into an extended recession. I say that we need to stop accepting the current standard of how the economy works. Does anyone else out there see that everything we need on a daily basis costs way too much? I saw today on the news a graphic showing home prices dropping 30 percent over the last year. Well, since most homes are in my opinion 150 percent or more overpriced, 30 percent is only a good start. If a small business needs to rely on a bank to loan it money to cover its daily operations on a regular basis, then that business needs to rework its operating model. We used to only need to get loans to buy homes,then cars. Now though, we are having to finance appliances, TV's, Stereos, etc. You name it, we can't afford it. This is a glaringly obvious problem to me, but no one else seems to notice. They just whip out their credit card and buy. No one uses cash anymore. And guess what? That credit just costs you more. So if I seem a little insensitive to the fact that your home value is dropping, it's not personal. I just think that the banks control over the economy is way out of control and the more banks that fail, the better off we will be in the future. I think that we need a huge pullback in the general cost of living, and that people need to step up and stop accepting the necessity to finance everything we want. Cars that cost $30.000? I don't think so! More than $150.000 for an average home? Not any more! $4.00 per gallon gas? Not here Osama! Things might get tight for a while, but if you don't buy it if you don't have the cash in hand, you'll find that after awhile, you'll start having more cash in hand. Cash is King! The old saying rings true now more than ever. We need to return to a simpler time. A time before the banks ruled and the Federal Government subsidized them, a time when a person could save up for a new car and pay cash, a time when businesses didn't have to borrow profits, they just made them. Maybe I'm just a dreamer, an idiot, or just altogether out of touch. But I'm OK with that, because whether or not there is a crisis,( which I doubt), my family is going to be just fine. You see, We never really bought in to the whole bank thing, people gave us shit about it and now I'm kind of feeling a little like we were right. (and they were wrong so now they have to sing a song). So if things get worse out there, you can hate me because I'll probably be watching with a sense of satisfaction thinking that maybe things will return to the point where my kids could possibly have a chance to buy their own home, and own it outright someday, fill the gas tank in their car that they have the title to for less than thirty bucks, and buy a weeks worth of groceries for less than a hundred dollars. Maybe someday.